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Saturday, November 16, 2024

Sycamore home prices fall in the second quarter of 2018

Realestate1

The median sale price of a home sold in the second quarter of 2018 in Sycamore fell by $2,400 while total sales increased by 13%, according to BlockShopper.com.

From April through June of 2018, there were 139 homes sold, with a median sale price of $167,500 - a 1.4% decrease over the $169,900 median sale price for the same period of the previous year. There were 123 homes sold in Sycamore in the second quarter of 2017.

The median sales tax in Sycamore for the most recent year with available data, 2017, was $4,891, approximately 2.9% of the median home sale price for the second quarter of 2018.

The following table compares Sycamore to other DeKalb County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Hinckley11110%$265,000$150,90075.6%
Maple Park34-25%$235,000$250,500-6.2%
Sandwich473727%$174,894$156,00012.1%
Cortland34319.7%$170,000$146,00016.4%
Shabbona51400%$169,000$107,00057.9%
Sycamore13912313%$167,500$169,900-1.4%
Genoa483345.5%$161,000$137,00017.5%
Kingston712-41.7%$159,000$155,9502%
Somonauk15887.5%$154,000$132,00016.7%
Waterman1012-16.7%$142,500$134,0006.3%
DeKalb1761731.7%$135,000$132,5001.9%

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